Airbus’ majority stake in C Series partnership with Bombardier and Investissement Québec comes into effect

press release




The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE (EPA: AIR), Bombardier Inc. (TSX: BBD.B) and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership, while Bombardier and Investissement Québec own approximately 34% and 16% respectively. CSALP’s head office, primary assembly line and related functions are based in Mirabel, Québec. http://www.airbus.com/aircraft/passenger-aircraft/c-series-family.html

Related:

• https://www.bombardier.com/en/media/newsList/details.binc-20180701-bombardier-confirms-the-closing-of-the-c-series-tr.bombardiercom.html
  
• https://www.bombardier.com/en/media/newsList/details.binc-20180703-airbus-and-bombardier-to-celebrate-implementation-.bombardiercom.html